Bitcoin is struggling to regain momentum after failing to break above the $87,100 resistance level. The rejection pushed BTC back toward the $83,800 region, but price is still holding above the important $82,900 to $83,000 support zone. This means the broader recovery structure is still intact for now, although momentum has clearly slowed.
At the same time, short-term holders are taking significantly more profits. The seven-day average realized profit has reportedly climbed from around $136 million to nearly $1.05 billion. This increase in profit-taking is adding more supply to the market and could explain why Bitcoin has found it difficult to stay above $87,000. 
BTC is now trading around an important cost basis zone between $84,000 and $86,500. If buyers can defend this area and keep price above $83,000, another move toward $87,100 remains possible. However, a clean break below $83,000 could weaken the recovery and bring the $80,000 support level back into focus.
Meanwhile, accumulation and distribution activity has narrowed, showing that neither buyers nor sellers are acting aggressively at the moment. If this balance continues and selling pressure starts to ease, Bitcoin could regain strength and challenge resistance again. For now, $83,000 remains the key level that could decide BTC’s next major move.